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Wynn Macau Ltd has announced plans to redeem in full the US $1.0 billion in 5.500% senior notes originally due in 2026, setting September 2, 2025, as the redemption date. On that day, the company will retire the outstanding notes and apply to the Hong Kong Stock Exchange to have them formally delisted.

In its Friday filing to the Hong Kong bourse, Wynn Macau Ltd stated that it “will satisfy the payment of the outstanding principal amount and accrued and unpaid interest of the 2026 notes using its internal resources.” The company added that the 2026 notes “will be redeemed at a redemption price equal to 100 percent of the principal amount of the 2026 notes to be redeemed, plus accrued and unpaid interest to, but not including, the redemption date”.

This move follows closely on the heels of a US $1 billion offering of new 6.750% senior notes due 2034, announced earlier this month. The refinancing effort is part of a broader debt management strategy to extend the company’s maturity profile while ensuring liquidity and operational resilience.

Looking ahead, the group has also earmarked between US $450 million to US $500 million for Macau-concession related capital expenditure in 2026, according to an investor presentation issued alongside its second-quarter results. The planned projects include the “Wynn Palace Event and Entertainment Center” and the “Wynn Palace Theater and Resident Show,” underscoring Wynn’s commitment to strengthening its non-gaming portfolio in line with concession obligations.

By eliminating near-term obligations and simultaneously investing in large-scale non-gaming initiatives, Wynn Macau positions itself to capitalize on Macau’s post-pandemic recovery while meeting government mandates to diversify the city’s entertainment and tourism offerings.